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Nasdaq Falls 0.97% as Chip Rally Fizzles, June 10
Nasdaq Composite falls 0.97% to 25,678.82 as chip stocks retreat. S&P 500 down 0.26%. Oil prices drop on Middle East ceasefire hopes.
Scandal-Hit Rajesh Exports Shares Hit 5% Lower Circuit for 5th Straight Session After SEBI Allegations
The crisis surrounding Rajesh Exports has deepened as the company’s shares reportedly hit the 5% lower circuit for the fifth consecutive trading session. The sharp decline comes after serious allegations from the Securities and Exchange Board of India (SEBI), triggering panic among investors and raising fresh questions about corporate governance at one of India’s best-known…
Singapore Pioneer Seniors Get S$145M in MediSave Top-ups, June 10
Pioneer Generation seniors receive S$300–S$1,200 MediSave top-ups in July 2026, totaling over S$145 million for healthcare costs.
Trump Administration Fights $166B Tariff Refund Order, June 10
Trump administration appeals order to refund $166 billion in illegal tariffs imposed under IEEPA authority.
NASA’s Artemis III Crew Revealed: 4 Astronauts Chosen, 1 Tied to South Florida
NASA has officially revealed the four astronauts selected for Artemis III, a critical mission scheduled for 2027 that will test key systems needed for future lunar landings. The announcement marks another major milestone in NASA’s Artemis program, which aims to return humans to deep space and support long-term Moon exploration. Artemis III Crew Announced for…
UK Defence Spending Plan Faces Tax Rise Talk, June 10
Chancellor Reeves signals tax rises for defence spending. Government finalises £28 billion investment plan after cabinet disputes.
SoftBank Weighs Alternative Fundraising After $6B OpenAI Margin Loan Discussions Slow
SoftBank is reviewing new fundraising avenues after discussions over a $6 billion margin loan tied to its OpenAI stake lost momentum. The Japanese investment giant has been aggressively expanding its artificial intelligence portfolio, making fresh capital a key focus for investors tracking its next move. SoftBank Faces Financing Hurdle in OpenAI-Backed Loan Plan SoftBank initially…
Swiss Hydrogen Stations Close as Agrola Exits Market, June 10
Agrola closes three hydrogen stations by end of 2026, signaling challenges for hydrogen vehicle adoption in Switzerland.
Japan’s Top Banks to Launch Stablecoin Initiative by 2027 in Major Digital Payments Push
Japan’s three largest banking groups, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group, are preparing to launch a jointly backed Stablecoin by March 2027. The initiative is one of the country’s largest blockchain finance projects and aims to modernize Japan’s payment infrastructure, which processes trillions of yen in transactions annually. The…